Willbros Group, Inc. (WG)

[ospreyeye]

$WG Chart from Fri. – big bounce & currently forming Bullish Engulfing reversal pattern – the Bollinger Bands are getting tight – the upper Bb @ 2.48 and the red descending resistance line are the key levels to break – the middle Bollinger Band @ 2.17 is the key level to turn into support – MACD is pinched & starting a bullish crossover – RSI is in the 50 to 70 bull zone – Fast STO bull cross & in the overbought/power zone – keep an eye out for a volume spike –